Section 55-1-10 - Transfer of real property to one for money paid by another--Trust presumed

55-1-10. Transfer of real property to one for money paid by another--Trust presumed.When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made. Source: SDC 1939, §59.0102 (4).